Answer to Question #89220 in Microeconomics for kuthokoza

Question #89220
How will Eskom's intervention of covering up for all the debts and coal shortages impact on consumers?
1
Expert's answer
2019-05-07T10:06:08-0400

As the supply of coal will decrease, then the price for coal will increase to cover firm's debts and the shortages of coal, so consumers will need to shift to using other substitutes like diesel or other kinds of fuel.


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